CITIC Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of CITIC's historical fundamentals, such as revenue growth or operating cash flow patterns.
CITIC
On December 16, 2024 CITIC LTD ADR5 had Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of CITIC LTD ADR5 market sensitivity to bulls and bears. It estimates the ability of CITIC buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring CITIC Balance of Power indicator one can determine a trend of the price direction.
On December 17 2024 CITIC LTD ADR5 was traded for 5.15 at the closing time. The maximum traded price for the trading interval was 5.15 and the lowest daily price was 5.15 . There was no trading activity during the period 1.0. Lack of trading volume on 17th of December 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.96% . The overall trading delta to the closing price today is 0.00% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
For every potential investor in CITIC, whether a beginner or expert, CITIC's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. CITIC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in CITIC. Basic forecasting techniques help filter out the noise by identifying CITIC's price trends.
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with CITIC stock to make a market-neutral strategy. Peer analysis of CITIC could also be used in its relative valuation, which is a method of valuing CITIC by comparing valuation metrics with similar companies.
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of CITIC's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of CITIC's current price.
Market strength indicators help investors to evaluate how CITIC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CITIC shares will generate the highest return on investment. By undertsting and applying CITIC stock market strength indicators, traders can identify CITIC LTD ADR5 entry and exit signals to maximize returns.
The analysis of CITIC's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in CITIC's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting citic stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
CITIC financial ratios help investors to determine whether CITIC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CITIC with respect to the benefits of owning CITIC security.